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Tag: shipping

Export delays causing New Zealand produce to languish on shelves, in cold stores

Export delays causing New Zealand produce to languish on shelves, in cold stores

Disrupted supply lines The most important news for the NZ economy and an indication of what is to come and I could not find it by searching!  It was only learning that it featured on RNZ Morning Report a couple of days through a chance conversation that I learned of this. The only things you can find easily is non-news and government propaganda Some of the country’s growers and exporters are worried their produce will be wasted because of continued…

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Catastrophe feared as fire-hit freight ship sinks off Sri Lanka coast

Catastrophe feared as fire-hit freight ship sinks off Sri Lanka coast

Amazing the ability to ignore important news. I was told about this and had to go looking. al Jazeera, 2 June, 2021 Ship bring tonnes of chemicals is sinking, federal government and navy state, in among the island country’s worst-ever marine catastrophes. A freight ship bring tonnes of chemicals is sinking off Sri Lanka’s west coast, the nation’s federal government and navy stated, in among Sri Lanka’s worst-ever marine catastrophes. Salvage specialists were trying to tow the fire-stricken container ship…

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Over 300 Ships Now Stranded As Suez Canal Authority Chairman Says “Human Error” Contributed To Crash

Over 300 Ships Now Stranded As Suez Canal Authority Chairman Says “Human Error” Contributed To Crash

Update (1653ET): Egypt Today Magazine reports Ever Given has moved “17 meters towards the north, and there are positive indications that the ship would be refloated soon because of the high tide today.” With rising sea levels tonight, Lieutenant-General Osama Rabie, Chairman of the Suez Canal Authority (SCA), said the containership might refloat.  Egypt Today Magazine says the best time to refloat the stranded containership could be sometime tonight “due to the highest tidewater and the wind today is strong and…

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Tanker Rates Rise As Global Shippers Scramble To Reroute Ships Around Africa

Tanker Rates Rise As Global Shippers Scramble To Reroute Ships Around Africa

Zero Hedge, 24 March, 2021 Update (1315ET): Bloomberg has published more details on the push for global shippers to divert ships around Africa. Torm, a Danish owner of tankers, said its customers have asked about the cost of options to divert. BBG said the diversions are being considered as markets on everything from oil to feedstock to refined petrochemicals are being impacted by what’s now being widely referred to as the “Suez crisis.” Torm A/S, a Danish owner of tankers,…

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